TCS on Motor Vehicles @ 1% pricing above 10 Lacs w.e.f June 1st 2016
As announced in the Budget 2016-17. TCS on Motor Vehicles is started collecting from 1st June 2016. Small budget Vehicles ( Valued up to 1000000) are excluded from the ambit. TCS on Motor vehicle is applicable to the Vehicles costing 10 Lakhs and above.The TCS should be collected by the Manufacturer,dealer or the owner of a Motor… (0 comment)